AgHost Livestock Close

The livestock complex closed mixed Thursday afternoon as traders helped push the live cattle contracts higher, but both the feeder cattle and lean hog contracts were met with some opposition. No cash cattle trade developed throughout the day. May corn is up 9 3/4 cents per bushel and May soybean meal is down $0.60. The Dow Jones Industrial Average is down 784.67 points and the NASDAQ is down 58.49 points.

Thursday’s export report shared that beef net sales of 11,200 metric tons (mt) for 2026 were down 14% from the previous week and 29% from the prior four-week average. The three largest buyers were Japan (3,300 mt), South Korea (2,300 mt) and Mexico (1,700 mt). Pork net sales of 36,100 mt for 2026 were down 15% from the previous week but up 8% from the prior four-week average. The three largest buyers were Mexico (22,400 mt), Japan (3,800 mt) and South Korea (2,500 mt).